SEC Comment Letter 0000000000-24-010573 to EDUCATIONAL DEVELOPMENT CORP (EDUC)
EDUCATIONAL DEVELOPMENT CORP
Date: Sept. 18, 2024 · CIK: 0000031667 · Accession: 0000000000-24-010573
AI Filing Summary & Sentiment
File numbers found in text: 000-04957
Letter
September 18, 2024 Dan O'Keefe Chief Financial Officer and Corporate Secretary Educational Development Corporation 5402 South 122nd East Avenue Tulsa, OK 74146 Re:Educational Development Corporation Form 10-K for Fiscal Year Ended February 29, 2024 Response dated September 6, 2024 File No. 000-04957 Dear Dan O'Keefe: We have reviewed your September 6, 2024 response to our comment letter and have the following comment(s). Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our August 22, 2024 letter. Form 10-K for Fiscal Year Ended February 29, 2024 Financial Statements Statements of Operations, page 29 1.We read your response to prior comment 2. Please remove your presentations of gross sales here and elsewhere throughout your filings and tell us what the revised net line item will be titled. In doing so, please use a more descriptive title than net sales, because you already have a net revenues line item that would be confusingly similar.
September 18, 2024 Page 2 Please contact Blaise Rhodes at 202-551-3774 or Rufus Decker at 202-551-3769 if you have any questions. Sincerely, Division of Corporation Finance Office of Trade & Services
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September 18, 2024
Dan O'Keefe
Chief Financial Officer and Corporate Secretary
Educational Development Corporation
5402 South 122nd East Avenue
Tulsa, OK 74146
Re:Educational Development Corporation
Form 10-K for Fiscal Year Ended February 29, 2024
Response dated September 6, 2024
File No. 000-04957
Dear Dan O'Keefe:
We have reviewed your September 6, 2024 response to our comment letter and have the
following comment(s).
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments. Unless we
note otherwise, any references to prior comments are to comments in our August 22, 2024 letter.
Form 10-K for Fiscal Year Ended February 29, 2024
Financial Statements
Statements of Operations, page 29
1.We read your response to prior comment 2. Please remove your presentations of gross
sales here and elsewhere throughout your filings and tell us what the revised net line item
will be titled. In doing so, please use a more descriptive title than net sales, because you
already have a net revenues line item that would be confusingly similar.
September 18, 2024
Page 2
Please contact Blaise Rhodes at 202-551-3774 or Rufus Decker at 202-551-3769 if you
have any questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services